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Continental 2005 profits drop by 12.7%

Continental commands a 54% market share in the credit insurance market, which is only serviced by two other companies (more…)

#asset management#insurance#investment

CCH signs A$80m Sharia-compliant trade finance facility

CCH International PLC, a trade finance group, said this facility has the potential to significantly increase the amount of receivables…

#insurance#international#investment


GM nearing deal on GMAC – WSJ

General Motors is reportedly nearing completion of a deal to sell a 51% stake of financing arm GMAC to a…

#acquisition#bank#banks


Medicinos Bankas gets EUR5m loan for micro loans to...

Bank Medicinos Bankas has signed a €5 m loan agreement under the EU Preparatory Action Programme with  (more…)

#bank#investment#small businesses


Don't overlook Brazil's business potential, says CBI President

South America is too often seen as the Cinderella of the global market, and this ignores in particular the enormous…

#British business#economy#investment


Deepening divide in service sector as business services thrive,...

According to the latest CBI / Grant Thornton Service Sector Survey, companies providing business and professional services are achieving rapid…

#Boost#economy#Grapple


CIFAS and credit reference agencies declare strong joint commitment...

CIFAS is the UK's fraud prevention service with over 240 member organisations spread across banking, credit cards, asset finance, insurance, factoring (more…)

#Fraud Prevention#frauds#insurance


GMAC rating still in question

General Motors could show tangible progress by the end of March in its efforts to sell a stake in its…

#bank#interest#investment


Name change for Wachovia's Canadian asset-based lending business

Wachovia's Capital Finance division announced that its Canadian operation has changed its name and will be called (more…)

#financial services#investment


Factoring scam victims must look for warning signs

He met someone who said he was doing well investing in a so-called factoring plan. "It sounded like a great…

#bank#i#investment


New rules streamline licensing process for factoring and leasing...

New regulations published in Mexico's federal register on yesterday will make it easier for investors to open factoring, leasing (more…)

#financial services#investment#leasing


CTI Capital Management names ABL Group head

An Orlando-area institutional investment management firm, has announced the appointment of (more…)

#bank#commercial finance#investment

Head of asset-based lending group to retire

Wells Fargo Co. has announced that the head of its asset-based lending group, plans to retire at the end of…

#commercial finance#financial services#investment

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